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An announcement from Targa Resources ( (TRGP) ) is now available.
Targa Resources Corp. reported record financial results for the third quarter of 2025, with a net income of $478.4 million and an adjusted EBITDA of $1.3 billion, marking a 19% increase year-over-year. The company announced several growth projects, including new gas plants and pipeline expansions in the Permian Basin, and plans to increase its annual dividend by 25% in 2026, reflecting strong operational performance and strategic expansion efforts.
The most recent analyst rating on (TRGP) stock is a Buy with a $200.00 price target. To see the full list of analyst forecasts on Targa Resources stock, see the TRGP Stock Forecast page.
Spark’s Take on TRGP Stock
According to Spark, TipRanks’ AI Analyst, TRGP is a Neutral.
Targa Resources’ overall stock score is driven by strong earnings call results and solid financial performance, despite high leverage and declining free cash flow growth. Technical indicators suggest a bearish trend, and valuation metrics indicate moderate pricing. The company’s strategic focus on capital allocation and operational efficiency supports its growth outlook.
To see Spark’s full report on TRGP stock, click here.
More about Targa Resources
Targa Resources Corp. operates in the energy sector, focusing on the gathering, processing, transportation, and fractionation of natural gas and natural gas liquids (NGLs). The company is heavily involved in the Permian Basin, a key area for natural gas production and transportation.
Average Trading Volume: 1,503,422
Technical Sentiment Signal: Buy
Current Market Cap: $33.26B
See more data about TRGP stock on TipRanks’ Stock Analysis page.